Dai DAI
Current Price
$0.9992 +0.02%
$0.0052 Daily Range (0.52%)
$0.9978$1.00
$101.73M Daily Volume
1,333 BTC
Vol/MktCap: 2.37%
Market Performance
0.13% Relative BTC Volume
The total volume of Dai is $101.73M over the past 24 hours, compared to $75.91B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9997 -0.05%
13 SMA $0.9995 -0.02%
21 SMA $0.9998 -0.05%
55 SMA $0.9997 -0.05%
144 SMA $0.9996 -0.03%
Price Performance
-0.10% 1 Hour Change
$0.9992 from $1.00
-0.13% 7 Day Change
-$0.0013 from $1.00
-0.04% 14 Day Change
-$0.0004 from $0.9996
+0.01% 30 Day Change
$0.00008388 from $0.9991
All Time High
March 13, 2020
$1.22 -18.00%
-$0.2197 vs. now
24H Change
-15.68M USD -0.36%
-205 BTC
Volume and Supply
Total Supply: 4.29B DAI 
4.29B DAI Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
214.89 x BTC Supply215:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
101.69M DAI
traded over past 24 hours
2.37% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at $0.99981, reflecting a 24-hour change of 0.11711%. The daily price action has shown a high of $1.003 and a low of $0.997793, indicating a tight trading range of approximately 0.52%, characteristic of stablecoins maintaining their peg to the US dollar.
The trading volume stands at 103,209,512, with a volume-to-market cap ratio of 2.40%, suggesting moderate liquidity in the market. The hourly moving averages indicate minimal fluctuations, with the 8 SMA at $0.9997 and the 21 SMA at $0.9998, reflecting a stable trend near its peg.
The 1-hour RSI is at 52, indicating a neutral market sentiment, while the 7-day RSI at 50 confirms this lack of momentum in either direction. Over the past week, DAI has seen a slight decline of 0.1185%, but a 30-day price change of 0.0665% suggests some resilience in maintaining its value.
Considering the all-time high of $1.22 achieved in March 2020, DAI's current price aligns closely with its intended purpose as a stablecoin. The lack of significant volatility and the current price stability around $1 indicate that DAI is effectively serving its function as a collateralized stable asset.
Given the data-driven analysis of DAI's price stability, trading volume, and overall market sentiment, a Buy rating is recommended. This recommendation stems from the stable nature of DAI as a stablecoin, along with its capacity to maintain its peg effectively amidst market fluctuations.
The trading volume stands at 103,209,512, with a volume-to-market cap ratio of 2.40%, suggesting moderate liquidity in the market. The hourly moving averages indicate minimal fluctuations, with the 8 SMA at $0.9997 and the 21 SMA at $0.9998, reflecting a stable trend near its peg.
The 1-hour RSI is at 52, indicating a neutral market sentiment, while the 7-day RSI at 50 confirms this lack of momentum in either direction. Over the past week, DAI has seen a slight decline of 0.1185%, but a 30-day price change of 0.0665% suggests some resilience in maintaining its value.
Considering the all-time high of $1.22 achieved in March 2020, DAI's current price aligns closely with its intended purpose as a stablecoin. The lack of significant volatility and the current price stability around $1 indicate that DAI is effectively serving its function as a collateralized stable asset.
Given the data-driven analysis of DAI's price stability, trading volume, and overall market sentiment, a Buy rating is recommended. This recommendation stems from the stable nature of DAI as a stablecoin, along with its capacity to maintain its peg effectively amidst market fluctuations.
Updated 26 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
In The News

Alleged Bitcoin Ransom Note Sent to TMZ in Case Involving 'Today' Show Host's Missing Mother
Authorities say they are reviewing reports of a Bitcoin ransom note tied to the case of Today show host Savannah Guthrie's missing mother.

Waymo, Uber push back on competition as AV race heats up
Tesla and Waymo are defending the safety of their technology with data that proves that human drivers get in more accidents than their AVs.

Wyatt: Crypto lending markets are sustainable despite recent declines, the critical role of Total Value Locked (TVL), and the risks of leveraged systems | On The Brink with Castle Island
Recent declines in DeFi lending highlight both challenges and new opportunities in the evolving crypto landscape.

Tether’s $500 Billion Fundraising Retreat Stokes Speculation—Is an IPO Ever Coming?
Tether, issuer of the $185 billion USDT stablecoin, has dramatically scaled back its private fundraising ambitions.